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    192 1/2 Ave NW Otsego, MN 55330

    For Sale
    $135,000

    Lots & Land - Elk River, MN

    Lot size:
    2.69 Acres
    Days on Market:
    63
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 192 1/2 Ave NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    75001304105
    Lot size
    2.69 Acres

    Building Details

    Architectural style
    Other

    Arrow Real Estate Corp (612) 888-6355 [email protected]

    Listing agent Cuyler Q. Fischer (612) 888-6355

    Listing date Oct 6, 2025

    MLS# 6796908 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Large Lots in Elk River

    These large lots, totaling 2.69 acres, are located in a desirable Elk River location, offering a peaceful natural setting with room to spread out while keeping the convenience of town close by. Electrical is available at the street. Buyers will need to install a private well and septic system. The property provides easy access to Highway 169, schools, shopping, and restaurants. There is plenty of space for a home, garage, and outbuildings. This residential land offers quiet acreage living with amenities just minutes away, making it suitable for building a single-family home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Otsego
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.615093
    Latitude
    45.319585

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    FAQs

    What type of property is this?
    Residential land & home lot - Desirable Elk River location, build your dream home!
    Where is this residential land & home lot located?
    The property is located at 192 1/2 Ave NW Otsego, MN.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Large lots in a desirable Elk River location.; - Peaceful, natural setting with room to spread out.; - Convenient access to Hwy 169, schools, shopping, and restaurants.
    (612) 888-6355
    Request Owner's contact information
    192 1/2 Ave NW Otsego, MN 55330
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    Otsego, MN 55330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    192 1/2 Ave NW Otsego, MN 55330
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